Results for Bank of Jamaica Fixed Rate Certificate of Deposit BOJ 1.00% FR 30D – CD 20210219
Applications were opened on Tuesday, 16 February 2021 by Bank of Jamaica for the allocation of JMD 15,000,000,000.00 of BOJ 1.00% FR 30D-CD 20210219 through a competitive price auction. The issue date for the successful allotments is Friday, 19 February 2021.
The results from the auction are as follows:
| Instrument Name: BOJ 1.00% FR 30D – CD 20210219 | |
| Total Bids Received | 69 |
| Total Value of Bids Received | $16,802,000,000.00 |
| Total Offer Amount | $15,000,000,000.00 |
| Total Successful Bids | 66 |
| Total Allocated Bids | $15,000,000,000.00 |
| Average Yield for Successfully Allocated Bids: | 2.49% |
| Average Price for Successful Bids ($): | $99.88 |
| Lowest Submitted Bid Rate (%) / Amount (JMD) | 0.95% / $50,000,000.00 |
| Highest Submitted Bid Rate (%) / Amount (JMD) | 4.50% / $1,500,000,000.00 |
| Highest Bid Rate for Full Allocation (%) / Amount (JMD) | 3.959% / $500,000,000.00 |
| Bid Rate for Partial Allocation | 3.96% |
| Partial Allocation Percentage | 24.50% |
The total nominal outstanding amount for the 30-day CDs on the settlement date – 19 February 2021, will be J$46,000,000,000.00
The next auction is scheduled for Wednesday, 24 February 2021.
